Icici prudential life insurance company
INCORRECT DEDUCTION OF UNITS

I have invested in ULIP of ICICI PRUDENTIAL LIFE INSURANCE. My fund was invested in multiplier/flexigrowth plan of the fund. I switched to protector fund after few days. A few days later, I decided to switch back to multipier fund online, but my unit statement online was showing that my previous switch to protector fund had been reverted/invalid & my fund was still shown invested in multiplier /flexigrowth fund. After a gain of around Rs 5000, I switched to protector fund. Around 20 days later, approx. 5000 Rs have been deducted in the name of excess unit allocation. THE FAULT IS AT COMPANY'S END .I have invested in a ULIP where NAVs are daily changing & investor is taking his switching decision based on fund value/unit statement shown on website of company. As such, company's action of deducting Rs 5000 approx after around 2 months for their own fault is not fair. KINDLY ADVISE WHICH AGENCY SHOULD I APPROACH AS COMPANY OFFICIALS ARE NOT WILLING TO RESOLVE MY GRIEVANCE.

Company: Icici prudential life insurance company
Country: India

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